Underwriters pick up $18m of unsold NZX stock
Bookbuild fails to clear shortfall from retail offer.
NBR staff
Wed, 16 Mar 2022
Underwriters will take up $18 million of NZX stock after the bulk of shares from a retail share offer went unsold.
The stock exchange operator announced a $44m capital raise on February 17 in a form of a one for nine rights issue at $1.42 a share.
The price at the time was a 16% discount on
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NBR staff
Wed, 16 Mar 2022
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